18 Hartford Business Journal • May 25, 2015 www.HartfordBusiness.com
CORPORATE PROFILE
Connecticut Water Service Inc.
93 West Main St., Clinton, CT 06413 | www.ctwater.com
Connecticut Water Service Inc. operates as a regulated water
company. It supplies public drinking water and provides contracted
services to water and wastewater utilities and other clients.
Top Executive: Eric W. Thornburg, CEO, president & chairman
FACT BOX
Industry: Water utilities
1Q 2015 Revenue: $20M
1Q 2015 Net Income: $3.1M
Quarterly Profit Change: $.117M
Cash: $2.34M
Employees: 265
Competitors: American Water Works Co. Inc.
Aquarion Co.
United Water Inc.
TOP INSTITUTIONAL INVESTORS
Holder Shares % Stake
BlackRock Institutional Trust Co. 411,163 3.69
Vanguard Group Inc. 366,372 3.29
BlackRock Fund Advisors 294,564 2.64
STOCK WATCH (AS OF NOON MAY 21)
Ticker Symbol: CTWS Stock Price: $35.11 Market Cap: $393.33M
52 Week Range Price: $31.00–$38.55
Outstanding Shares: 11.15M
CORPORATE SUITE
Stock Non-equity Total
Executive Title Salary Bonus Awards Incentive Total
Eric W. Thornburg Chairman/CEO/president $456,615 $0 $424,955 $0 $1,525,013
David C. Benoit SVP/CFO $298,360 $0 $47,238 $168,087 $1,172,301
Maureen P. Westbrook VP $246,136 $0 $79,641 $45,711 $905,398
